Elliott Wave Technical Analysis: U.S. Dollar/Swiss Franc – Friday, Dec. 6
USDCHF Elliott Wave Analysis – Trading Lounge Day Chart U.S. Dollar/Swiss Franc (USDCHF) Day ChartUSDCHF Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Navy Blue Wave 2 Position: Gray Wave 3 Direction Next Higher Degrees: Navy Blue Wave 3 Details: Navy Blue Wave 1 appears complete; Navy Blue Wave 2 is currently active. Wave Cancel Invalid Level: 0.83737 Analysis OverviewThe USDCHF daily […]
All Eyes On US Employment Report
Image source: Pixabay The Barnier resignation and conciliatory remarks from Marine Le Pen suggest the worst could be over in France, though the market will be wanting to see what President Macron does over the weekend with respect to his new appointment.Video Length: 00:01:06More By This Author:Euro Waiting On French Government Restructuring Yen And Aussie Slide, […]
The Kalecki Profit Equation And The Coming Reversion
Corporations are currently producing the highest level of profitability, as a percentage of GDP, in history. However, understanding corporate profitability involves more than glancing at quarterly earnings reports. At its core, the Kalecki Profit Equation provides a valuable framework, especially when exploring the reasons behind today’s elevated profit margins and what could disrupt them.James Montier discussed the […]
Sensex Today Trades Flat; Nifty Below 24,700
Asian equities tracked a drop in US shares ahead of jobs data that may help shape the direction of the Federal Reserve’s policy path later this month.Equities in Japan, Australia and futures in Hong Kong all fell, taking cues from the downbeat mood on Wall Street.US stocks were lower on Thursday as investors awaited Friday’s […]
Friday’s Jobs Report: Likely Outcome And Why It May Not Stop Fed’s December Rate Cut
Image Source: Pexels Economists are optimistic about a sharp recovery, with consensus estimates pointing to a net gain of 207,500. The labor market has shown resilience in the face of external pressures. Market is pricing in a 74% probability of a quarter-point rate reduction at the Fed’s December meeting. The US labor market is poised […]
GBP/CHF Forecast: Stuck In Range
The British pound initially did rally against the Swiss franc, but it has given back a little bit of gains. Part of this could be the fact that the unemployment rate in Switzerland was a little better than anticipated. Not massively so outperformed by a tenth of a percent. But it could also be that […]
Elliott Wave Technical Analysis: Bovespa Index – Friday, Dec. 6
Bovespa Index Elliott Wave Analysis – Trading Lounge Day ChartBovespa Index Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Orange Wave 1 Position: Navy Blue Wave 3 Direction Next Higher Degrees: Orange Wave 1 (Initiated) Details: Navy Blue Wave 2 appears complete; Orange Wave 1 of Navy Blue Wave 3 is underway. Analysis OverviewThe Bovespa Index daily chart provides a detailed Elliott […]
Gold Reverses Early Losses To Trade Higher; Copper Climbs On Tight Supply Concerns
Image Source: Pixabay Gold prices rose after recouping early losses as investors waited for key US nonfarm payrolls data. Traders are pricing in a 72% probability of the US Fed cutting rates by 25 basis points later this month. Copper prices on LME rose as concerns over tight supplies boosted sentiments in the market. Gold prices […]
EUR/USD Holds Below 1.0600, US NFP Data In The Spotlight
Image Source: Pixabay EUR/USD edges lower to 1.0575 in Friday’s early European session, down 0.10% on the day. Trump tariff threats and rising bets on ECB rate cuts undermine the Euro. Investors await the US Nonfarm Payrolls (NFP) for November, which is due later on Friday. The EUR/USD pair weakens to near 1.0575 during the early European […]
Transition Management: The Only Constant Is Change
Image Source: Pexels The reasons for transitioning are often regionally specific and unique to the individual portfolio. Rather than focusing on single-asset transitions, we have seen North American investors restructuring at the total-portfolio level. Investors are positioning themselves to capitalize on Japan’s growth potential. In EMEA, there are some instances where regulatory factors are driving portfolio […]
